1.

U.S. Private Equity Group

$7.5M cash
stock purchase

$7.5M

$7.5M

2.

$2B Div. of Public U.K. Co.

$11M cash
asset purchase

$11.0M

$11.0M

3.

U.S. Private Equity Group

$10M cash
$2M – 3 year earn-out
stock purchase

$12.0M

$11.7M

4.

$1B U.S. Private Co.

$14M cash
asset purchase

$14.0M

$14.0M

5.

$2B U.S. Private Co.

$7.6M cash
stock purchase

$7.6M

$7.6M

6.

US Private Equity Group

$9M cash
$2.5M -3 year earn-out
stock purchase

$11.5M

$11.2M

Accepted Offer:

* Enterprise Value ** Net Present Value